Question

SEBI (Securities and Exchange Board of India) has recently notified disclosure norms on sustainable related Reporting for companies through the Business Reform and Sustainability Report (BSSR). Which of the following statement is Incorrect?

A Now, Businesses will have to report on their social and environmental impacts too Correct Answer Incorrect Answer
B Report will be applicable to the top 100 listed entities, in terms of market capitalisation Correct Answer Incorrect Answer
C It would be mandatory from Financial Year 2022-23 Correct Answer Incorrect Answer
D Sustainable Reporting includes the company's progress towards Environmental, Social and Governance (ESG) Goals Correct Answer Incorrect Answer

Solution

Securities and Exchange Board of India (SEBI) has issued a circular notifying new disclosure norm on sustainability-related reporting for the top 1,000 listed companies.

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